The future of the European automotive composites market looks good with growth opportunities in various applications exterior, interior, power train system, chassis system, under body system, and others. The European automotive composites market is expected to reach an estimated $4.1 billion by 2021 and it is forecast to grow at a CAGR of 5.8% from 2016 to 2021. The major drivers of growth for this market are increasing automotive production and increasing demand for lightweight materials to achieve higher fuel efficiency and reduce greenhouse gas emissions. European Union has set new standards requiring passenger cars need to meet a CO2 emissions target of 95 g/km (equivalent to 57.9 mpg) by 2021, and for light commercial vehicles it is 147 g/km (equivalent to 43.3 mpg) by 2020. The European commission proposal to improve European fuel economy standards serves as a major stimulus to incorporate lightweight materials including composites.

Emerging trends, which have a direct impact on the dynamics of the European automotive composites industry, include increasing penetration of thermoplastic and carbon composites. Another emerging trend is the formation of strategic alliances between OEMs and carbon fiber and resin suppliers in the automotive industry.

A total of 83 figures / charts and 30 tables are provided in this 141-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the European automotive composites market report, download the report brochure.
trends european automotive composites marketforecast european automotive composites marketgrowth opportunities european automotive composites market
The study includes European automotive composites market size and forecast for the European automotive composites market through 2021 segmented by material type, by resin composites type, by fiber composites type, by resin group, by application, and by country are as follows :

European automotive composites market by Material Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

Sheet Molding Compound (SMC) Bulk Molding Compound (BMC) Glass Mat Thermoplastic (GMT) Short Fiber Thermoplastic (SFT) Long Fiber Thermoplastic (LFT) Continuous Fiber Thermoplastic (CFT) Phenolic Composites Polyurethane (PU) Composites Natural Fiber Composites Other composites
European automotive composites market by Resin Composites Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

Polypropylene (PP) Composites Polybutylene terephthalate (PBT) Composites Polyamide (PA) Composites Vinyl ester Composites Polyester Composites Phenolic Composites Other Composites
European automotive composites market by Fiber Composites Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

Glass Fiber Composites Carbon Fiber Composites Natural Fiber Composites
European automotive composites market by Resin Group (Value ($M) and Volume (M lbs) from 2010 to 2021):

Thermoplastic Composites Thermoset Composites
European automotive composites market by Application Type (Value ($M) and Volume (M lbs) from 2010 to 2021):

Exterior Interior Power Train Systems Under Body Systems Electrical and Electronics Others
European automotive composites market by Country (Volume (M lbs) 2015)

Germany France UK Spain Italy Others
European automotive composite companies profiled in this market report includes Plastic omnium, Polytec, BASF, DSM, Polynt, Lanxess and Hanwha are among the major suppliers of composites in the European automotive market.

On the basis of its comprehensive research, Lucintel forecasts that natural fiber composites are expected to show highest growth; however, SFT composites are expected to remain the largest market during the forecast period of 2016 to 2021.

Within the European automotive composites market, polypropylene (PP) composites, polybutylene terephthalate (PBT) composites, polyamide (PA) composites, vinyl ester composites, polyester composites, phenolic composites, and others are the major resin type segments. PP composites are expected to remain the largest market by value and volume consumption. High resistance to abrasion, low friction characteristics, electrical resistance, heat resistance, and good chemical resistance are the properties which drive the demand for PA composites in automotive.

By fiber composites, glass fiber composites market is expected to remain the largest fiber segment; the carbon fiber composites market is expected to witness highest growth over the forecast period. Increasing penetration of carbon composites in sports, luxury and electrical vehicles are the major drivers for usage in automotive market.

Some of the features of “European Automotive Composites Market 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Growth opportunities in the European automotive composites market in terms of value ($M) and volume (M lbs.) shipmentTrend and forecast analysis: European automotive composites market trend (2010-2015) and forecast (2016-2021) by segmentSegmentation analysis: European automotive composites market size from 2010 to 2021 by material type, resin composites type, fiber composite type, resin group type, application type.Regional analysis: European automotive composites market breakdown by different country types such as Germany, France UK, Spain, Italy, Others.Growth opportunities: Analysis of growth opportunities in different material type, resin composites type, fiber composite type, resin group type, application type, and regions of European automotive composites market.Strategic analysis: This includes M&A, new product development, competitive landscape, and expansion strategies of European automotive composites suppliers.Emerging applications: Emerging applications of automotive composites in the European automotive composites market. Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 10 key questions:

Q.1. What are some of the most promising, high-growth trends in the European automotive composites market by material type (SMC, BMC, GMT, SFT, LFT, CFT, Phenolic, PU, Natural Fiber, and other composites), by resin composites type (PP, PBT, Vinyl Ester, PA, Epoxy, Polyester, Phenolic and others), by fiber type (glass fiber, carbon fiber and natural fiber composites), by resin group (thermoplastic and thermoset Composites), by application (interior, exterior, power train system, under body system, electrical and electronics, and others) and by country ( Germany, France, UK, Spain, Italy, and Others?
Q.2. Which product segments will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges in the market?
Q.4. What are the business risks and competitive threats in the European automotive composites market?
Q.5. What are the emerging trends in this market and reasons behind them?
Q.6. What are the changing demands of customers in the market?
Q.7. What are the new developments in the market and which European automotive composite companies are leading these developments?
Q.8. Who are the major European automotive composite suppliers ? What strategic initiatives are being implemented by key players for business growth?
Q.9. What are some of the competitive products of European automotive composite companies in this area and how great a threat do they pose for loss of market share through product substitution?
Q.10. What M & A activities have transpired in the last 5 years in this market?